Frankfurt (AP) - the German central bank said that the country's economic track, in order to avoid a recession, because it shows signs of economic growth in the first three months of this year.
Europe's largest economy in the last three months of 2012 fell 0.6%. Two consecutive quarters of falling output, the definition of a recession is a common.
The German central bank in its monthly report, more and more business between optimism and alleviate the 17 eu eurozone countries government debt crisis concerns means enterprise may be more willing to invest and expand on Monday said. This means that "a plus sign, can be expected in the first quarter of 2013, economic production."
More and more of the German economy could accelerate the economic recovery, this is in a recession. Governments to cut back on spending and higher taxes, in order to reduce the heavy debt level, the economic slowdown. Greece, Portugal and Ireland need from other eurozone members of the rescue loans, and Spain and Italy in unemployment high economic recession.
The European central bank said that the euro area will shrink by 0.3% in 2013, only begin later this year recovery. Growth is the key to solve the debt crisis, because it reduces the country's debt relative to their economic size and income tax and business tax increase income.
The German economic growth has helped other eurozone countries, because the German consumer is buying import them, because the German companies use enterprise in neighboring countries suppliers.



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